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A joint economic-lot-size model for purchaser and vendor in fuzzy sense

โœ Scribed by G.C. Mahata; A. Goswami; D.K. Gupta


Publisher
Elsevier Science
Year
2005
Tongue
English
Weight
920 KB
Volume
50
Category
Article
ISSN
0898-1221

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โœฆ Synopsis


This paper investigates a group of computing schemas for joint economic lot size as fuzzy values of the economic lot size model for purchaser and vendor. We express the fuzzy order quantity/production lot size for the purchaser/vendor as the normal triangular fuzzy number (ql, q0, q2) and then we solve the aforementioned optimization problem under the condition 0 < ql < q0 < q2. We find that, after defuzzification, the joint total relevant cost is slightly higher than in the crisp model. @


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